Information from the Statistics and Census Service (DSEC) indicated that number of establishments in the hotel sector increased by 8 year-on-year to 107 in 2015. Nevertheless, Receipts of the hotel sector decreased by 6.6% year-on-year to MOP 26.04 billion, mainly due to a 10.6% drop in receipts from Room Sales (MOP 12.21 billion) that accounted for 46.9% of the total; receipts from Food & Beverages (MOP 5.49 billion) fell by 2.4% while receipts from Rental of Space (MOP 5.65 billion) rose by 1.0%. Expenditure of the hotel sector increased by 1.6% year-on-year to MOP 23.44 billion. Compensation of Employees (44.6% of total) rose by 8.9% to MOP 10.45 billion, while Operating Expenses (MOP 10.35 billion) and Purchase of Goods & Commission Paid (MOP 2.65 billion) dropped by 1.4% and 11.6% respectively. Meanwhile, Non-operating Expenses such as depreciation and interest paid amounted to MOP 8.83 billion, up by 21.9% year-on-year. Analysed by classification of establishments, receipts of five-star hotels decreased by 7.1% year-on-year to MOP 21.43 billion, of which receipts from Room Sales (MOP 9.74 billion), Rental of Space (MOP 5.24 billion) and Food & Beverages (MOP 4.55 billion) recorded decline. Receipts of four-star hotels edged down by 0.1% year-on-year to MOP 2.72 billion, with Room Sales (MOP 1.63 billion) falling by 9.9% and Rental of Space (MOP 292 million) rising by 22.6%. Receipts of three-star and two-star hotels decreased by 9.7% year-on-year to MOP 1.83 billion on account of a 19.4% drop in Room Sales (MOP 780 million). Moreover, receipts of the hotel sector from online business (including online room reservation and ticketing) decreased by 9.9% year-on-year to MOP 703 million; online business receipts of five-star hotels (MOP 497 million) dropped by 19.1% while those of four-star hotels surged by 39.9%. Meanwhile, expenditure of five-star hotels decreased by 4.0% year-on-year to MOP 19.13 billion, of which Compensation of Employees (MOP 8.68 billion) rose by 5.7% while Operating Expenses (MOP 8.22 billion) dropped by 9.5%. On the contrary, expenditure of four-star hotels surged by 68.3% to MOP 2.94 billion, with Operating Expenses (MOP 1.59 billion) soaring by 86.7%. Gross Value Added that measures the sectoral contribution to the economy totalled MOP 13.20 billion, down by 9.2% year-on-year. Gross Surplus of the hotel sector dropped notably by 44.4% to MOP 2.76 billion; four-star hotels recorded a deficit of MOP 171 million as the annual receipts of the new hotels were lower than their annual expenditure (including pre-opening expenses). Gross Surplus Ratio decreased by 7.2 percentage points to 10.6%. With the opening of several five-star and four-star hotels in 2015, Gross Fixed Capital Formation leaping by 944.1% year-on-year to MOP 28.85 billion due to a significant increase in expenditure on construction and acquisition of property, as well as major renovation projects. A total of 107 hotels and guesthouses were operating in 2015, comprising 74 hotels and 33 guesthouses. Total number of persons engaged rose by 14.7% year-on-year to 45,271, of which 28,991 (64.0%) were working in the 12 large-scale hotels having 800 or more persons engaged, up by 8.6%.
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